September 22, 2003

Mexico security industry booms

azcentral.com:

Armored-car dealerships are as common as boutiques among the mansions and high-rise hotels of Mexico City's ritziest neighborhoods, and sports cars are often trailed by steel-plated sport utility vehicles packed with bodyguards.

Yet Mexico's growing security industry, fueled by fears of soaring crime, isn't limited to just the rich. Corner stores keep trained attack dogs, and restaurants hire private guards with assault rifles to man their entrances and open doors for customers.

Industry experts say there are 3,100 security companies that employ almost 350,000 people across Mexico.

"The security business has grown because of the astounding increase in crime," says Jose Antonio Arambula, head of Mexico City's Council of Private Security Companies.

Posted by Bob King at September 22, 2003 8:48 AM
Related Categories: Area - Social - Crime | Quadrant - Economic | Quadrant - Social


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